Varthana (Thirumeni Finance Pvt Ltd) is recognized among India's Great Mid-size Workplaces 2019. Every year, Great Place to Work® identifies India's 50 Great Mid-size Workplaces (with employee strength of 100 to 500) through an objective and rigorous workplace culture assessment process.
Varthana is the brand name of Thirumeni Finance Private Limited, a non-banking finance company (NBFC). Varthana stands for transformation- the transformation of the country's affordable private education sector. Varthana aims to fill this gap by providing secured and unsecured loans to private schools serving the low-income population to improve the school quality and infrastructure.
Financial Services & Insurance
Varthana (Thirumeni Finance Pvt Ltd) has successfully created a Great Place to Work FOR ALL their employees as they have excelled on the 5 dimensions that are a hallmark of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie. In a rigorous assessment process conducted by the Great Place to Work® Institute, Varthana (Thirumeni Finance Pvt Ltd) met the minimum criteria on the Trust Index© Employee Survey, on the consistency of experience across all demographics and on the Culture Audit© People Practices Framework, to clear the first level i.e. getting Great Place to Work-Certified™.
The Elite RM Meet is a flagship programme for Varthana's top sales performers. It goes beyond the scope of awards and certificates to cover development aspects, retention and career programs. The objective of this program is to inspire employees to give their best. Around 10-12 % of overall eligible employees receive this recognition every quarter. These employees are invited to the Head Office for a leadership meeting, the agenda of which includes recognition, engagement, development and social time. The leadership team at Varthana, addresses the team directly and asks for their suggestions and inputs for improvements.
The Elite RM program is designed to develop second-line leadership in branches. Varthana has created a role of Territory Managers below Branch Managers, elevate best performers and potential talents to provide them with people manager exposure. These managers, groom 2-3 RMs under the supervision of Branch Managers. The Elite RM program also has a buddy program where all Elite RMs work to develop at least 2 average performing RMs for Elite team by sharing their experience and knowledge. This shadowing process has helped Varthana develop higher performing RMs in the system. 30% of Elite RMs are promoted to higher roles in a short span of time.
Varthana is a great place to work as here people are really friendly, and this impact comes with our role. We feel very comfortable to work here, even senior people are very fair and transparent. Overall, I feel happy to work here. One more point is that, in Varthana if you are a performer then your growth starts very fast, in terms of level or money, Varthana is a growing company and in my short term here I am looking for a long tenure in this company.
The organisation helps unlock potentials of multiple individuals and there is a huge focus on being resourceful. Having moved roles and teams as well, I have noticed that a lot of high potential individuals have moved on to take better positions and well deserved additional responsibilities which eventually will help them grow.
CEO, Varthana (Thirumeni Finance Pvt Ltd)
Head- Team Transformation, Varthana (Thirumeni Finance Pvt Ltd)